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LatinNews Daily - 19 November 2025
In brief: Chile’s economy up year-on-year, down in quarterly terms
*Chile’s central bank (BCCh) has released the latest quarterly figures for its national accounts, which showed a 1.6% year-on-year rise in GDP in the third quarter. The BCCh stated this growth was fuelled by domestic demand, which was up 5.8% from the same period of the previous year. Trade grew by 5.8% year-on-year, while personal services were up 3.4%, business services up 4.2%, and manufacturing was up 1.7%. However, seasonally adjusted GDP fell by 0.1% compared to the previous quarter. Mining fell both year-on-year (-6.5%) and in quarterly terms (-4.6%) following an accident at the end of July which killed six people and caused the closure of the major El Teniente copper mine.
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- In brief: Chile’s economy up year-on-year, down in quarterly terms